China reverses currency devaluation
August 15, 2015
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Business

China reverses currency devaluation

The devaluation sparked fears of a global “currency war” and accusations that Beijing was unfairly…

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China tries to dampen fears of more big devaluations
August 14, 2015
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Business

China tries to dampen fears of more big devaluations

The central bank aims to open up its currency market to foreign investors and extend…

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China’s yuan moves slightly higher
August 14, 2015
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Business

China’s yuan moves slightly higher

It sparked fears of a global “currency war” and accusations that Beijing was unfairly supporting…

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US, world stocks steady as China soothes yuan weakness fears
August 13, 2015
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Business

US, world stocks steady as China soothes yuan weakness fears

Another drop in China’s currency shook markets around the world for a second straight day…

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China rushes to calm fears over plunging yuan
August 13, 2015
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Business

China rushes to calm fears over plunging yuan

“This action is both an endeavour to make the yuan more plausible, credible candidate to…

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International Monetary Fund Welcomes China’s New Yuan Mechanism, No Impact on SDR Push
August 13, 2015
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Business

International Monetary Fund Welcomes China’s New Yuan Mechanism, No Impact on SDR Push

But the rate will now be based on overnight global market developments and how the…

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